Month: April 2016

April Monthly Commentary

Introduction Another month, another dire warning from the economic great and good. In March it was the International Monetary Fund’s turn to warn that the world faces ‘economic derailment.’ As always, the blame was laid firmly at the door of the Chinese economic slowdown, with IMF second-in-command, David Lipton, warning that steps needed taking to […]

Retirement plans on hold for many over 50s

Retirement plans on hold for many over 50s A third of people aged over 50 who are employed in the private sector are now planning to retire later than they previously hoped, Aviva’s latest Working Lives report reveals. The 2016 report – which comprises research among UK private sector employers and employees – has a […]

Tax cuts now, payback later – what will the Budget of 2019 look like?

Tax cuts now, payback later – what will the Budget of 2019 look like? The Chancellor will need to reduce borrowing by £32bn in 2019-20 – the biggest ever annual cash consolidation – in order to meet his Budget surplus target by the end of parliament, according to a new post-Budget briefing report published by […]

A miserable turnaround in the fixed bond savings market

A miserable turnaround in the fixed bond savings market As far as the savings market was concerned, 2015 was the year of the challenger provider. Competition between them ramped up and average rates followed suit, and in turn, positivity started to make a welcome return to the market. However, this improvement was short-lived, as the […]